Retirement Villages Act 2003
The Retirement Villages Act 2003 came into force on
1 February 2004. It comes under the portfolio of the Minister for Building and Construction. It is administered by the Department of Building and Housing (DBH). Since 2014 the Ministry of Building, Innovation and Employment has encompassed the DBH.
The Act is seen to be "self-regulating". The Retirement Commissioner has required a review of various sections of the Act and the disputes process has been researched by her office. Amendments have been made.
Click here to view the Retirement Villages Act 2003 on the NZ Government legislation website.
Click this link to read more about the Code of Practice 2008 associated with the Retirement Villages Act 2003